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Sovereign debtors, creditors agree steps to jumpstart debt restructurings

By Andrea Shalal WASHINGTON (Reuters) - Global creditors, debtor nations and international financial institutions on Wednesday agreed to improve data-sharing, set clearer timetables and take other

Dollar, stocks slip after Fed minutes spur recession fears

By Herbert Lash NEW YORK (Reuters) - Treasury yields fell and a gauge of global stocks eased on Wednesday after the market was rattled by minutes from the Federal Reserve's last policy meeting that

Dollar falls, stocks rise after cooler U.S. inflation data

By Herbert Lash NEW YORK (Reuters) - Government bonds and a gauge of global stocks rose on Wednesday after data showed cooler-than-expected headline inflation in March, suggesting the Federal Reserve

Dollar drops as inflation cools more than expected

By Karen Brettell NEW YORK (Reuters) - The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expected in March, raising expectations that the Fed is likely to stop hiking

Oil rises 2% on lower-than-expected US inflation data

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose 2% on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Reserve is getting closer to ending its cycle of interest rate

Oil jumps on lower-than-expected US inflation data

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Reserve is getting closer to ending its cycle of interest rate hikes

India meets international standards for aviation safety, says US watchdog FAA after audit

DGCA says India retains ‘Category 1 status’ under FAA’s International Aviation Safety Assessment programme. Category 1 countries allowed to expand services in US, among other things.

Stocks embrace cooling U.S. inflation data, dollar falls

By Herbert Lash and Dhara Ranasinghe NEW YORK/LONDON (Reuters) - Government bonds and a gauge of global stocks rallied on Wednesday after data showed cooler-than-expected headline inflation in March,

Oil jumps after slight increase to U.S. consumer prices

By Ahmad Ghaddar (Reuters) - Oil prices rose sharply on Wednesday after U.S. economic data showed that inflation in the world's biggest oil consumer rose moderately in March. Brent crude gained $1.11,

Dollar drops as inflation below economists’ expectations

By Karen Brettell NEW YORK (Reuters) - The dollar dropped sharply on Wednesday after data showed U.S. consumer prices rose less than expected in March, raising expectations that the Fed is likely to

On Camera

Indian industry in Bangladesh is staring at a void. New Delhi must give line of credit to Dhaka

For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.


Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?